Invest, Occupy or Develop Positioned at one of Brighton's most prominent corners, these two single level retail buildings are perfect for investors looking for a quality investment and for developers looking to capitalise on a booming local market.
This is one of the last corner sites not developed in Brighton which offers great future potential. In summary its key attributes are as follows:
* Charming single level building comprising two shops * Total site area: 401sqm (approx.) * Commercial 1 zoning - flexible for retail, office and residential above * Frontages to Martin Street and Asling Street totaling 47 me...
Blue-Chip, Beachside & 1,020sqm GRZ2 Measure the distance to the bay (less than 500m), check out the proximity to Hampton St (just a moment), consider the access to the station (a last minute dash) ...and add up the value behind the approx 80'/24.38m frontage of this approx 1,020sqm/10,979sqft site. Comprising two separately-titled sites of approx 510sqm each, this significant GRZ2 land offering represents an exciting opportunity for multi-unit multi-level multi-view development in between Hampton St and the bay.
Look to the major apartment developments already reaping rewards on Hampton St. Envisage the added benefits of ...
BRAND NEW FULLY LEASED RESTAURANT - NEXT TO CLASSIC CINEMA ELSTERNWICK Due for completion at the end of 2016, this retail tenancy is leased to the successful 48H-Pizza and Gnocchi Bar on a long term lease. The premises include a 3,000lt grease trap, ventilation and storage.
Located next to the popular Classic Cinemas and bustling Glenhuntly Road retail precinct, the development includes 48 luxury one and two bedroom apartments.
The lease commences on 1 February 2017 and extends for 5 years plus options for a further 10 years. Fixed 2.5% rent increases and good security further compliments this investment opportunity.